Pricing Statement

RNS Number : 6834D

Good Energy Group PLC

02 February 2015

 



02 February 2015

Good Energy Group PLC

("Good Energy")

Pricing Statement

Good Energy to cut electricity and gas prices

Good Energy, the AIM listed renewable electricity supplier and generator, announces it is to cut both gas and electricity prices for its customers with effect from mid-April 2015.

·     Gas prices to be lowered by 3.2%, electricity by 2.1% from  mid-April 2015

·     Duel fuel users to save approx. £33 off their annual bill compared to the Big Six average of £28 through their gas-only price reductions

·     Price cut to benefit most new and existing customers

·     Cheapest tariff of all 100% renewable electricity companies

Good Energy is to lower its gas price by 3.2% and electricity by 2.1% from April 2015 and will apply to most new and existing customers. For the average dual fuel user, this equates to a saving of £33 off their annual bill compared to the £28 average saving the 'Big Six' are offering through their gas-only price reductions.

Juliet Davenport, OBE, Founder and CEO of Good Energy, commented:

"Today's announcement further strengthens our competitive pricing, 100% renewable electricity and award-winning customer service proposition to new and existing customers."

Good Energy now offers the cheapest duel fuel tariff of all 100% renewable electricity companies, £23 lower than Ecotricity's average dual fuel bill.

 [ends]

For further information, please contact:

Good Energy Group PLC	01249 766795
Juliet Davenport, Chief Executive
Denise Cockrem, Chief Financial Officer
Arden Partners plc (Nomad & Broker)	012 1423 8900
Steve Douglas
Michael McNeilly
Camarco (Financial PR Adviser)	020 3757 4980
Geoffrey Pelham-Lane, Billy Clegg, Georgia Mann
Good Energy Press Office	01249 765540
Gill Dickinson

Notes to editors

- Good Energy is a fast-growing 100% renewable electricity supply company, offering value for money and award-winning customer service.

- An AIM-listed PLC, and founder member of the Social Stock Exchange, its mission is to support change in the energy market, address climate change and boost energy security.

- Good Energy matches over the course of a year all the electricity its customers use with power from renewable sources.

- The company has consistently won first or second place in the annual Which? energy company customer satisfaction survey over the past four years.

- It has around 50,500 renewable electricity customers and 24,000 gas customers (30 Nov  2014). It works with a community of more than 73,000 small and medium scale renewable electricity generators (30 Nov 2014).

- Good Energy is the owner of Delabole Wind Farm, the UK's first commercial wind farm, and also owns and operates Hampole Wind Farm, near Doncaster. It owns and operates two solar farms.

- Good Energy aims to deliver 50% of electricity from its renewable generation assets by 2016.

- It won Company of the Year in the British Renewable Energy Awards 2013 and was named as the best green electricity supplier 2013 by the UK's leading ethical and environmental magazine, Ethical Consumer. Most recently, it won Best Utilities PLC 2014 in the UK Stock Markets Awards.

 

END

 

 

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